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How much Big Tech companies — Google, Microsoft, Amazon, Meta . . . Thanks largely to AI investments, Microsoft MSFT $503 15 (0 34%), Meta META $716 70 (-1 32%), Google GOOGL $180 07 (1 43%), and Amazon’s AMZN $225 28 (1 36%) AWS will spend a whopping record $270 billion on capex this year, Goldman Sachs estimates (FactSet consensus numbers are roughly similar), and even more the year after
Big Tech lines up over $300bn in AI spending for 2025 Microsoft, Alphabet, Amazon and Meta have reported combined capital expenditure of $246bn in 2024, up from $151bn in 2023 They forecast spending could exceed $320bn this year as they compete